Compensation
By February 1999, the victims' families had received USD $65,000 per victim as immediate help by the Italian government, which was reimbursed by the U.S. government. In May 1999, the U.S. Congress rejected a bill that would have set up a $40 million compensation fund for the victims. In December 1999, the Italian legislature approved a monetary compensation plan for the families ($1.9 million per victim). NATO treaties obliged the U.S. government to pay 75% of this compensation, which it did.
Read more about this topic: Cavalese Cable Car Disaster (1998)
Famous quotes containing the word compensation:
“I have everything in the world that is necessary to happiness, good faith, good friends and all the work I can possibly do. I think God’s greatest blessing to the human race was when He sent man forth into the world to earn his bread by the sweat of his face. I believe in toil, in the dignity of labor, but I also believe in adequate compensation for that toil.”
—Anna Howard Shaw (1847–1919)
“The only compensation which war offers for its manifold mischiefs, is in the great personal qualities to which it gives scope and occasion.”
—Ralph Waldo Emerson (1803–1882)
“... the compensation for a death sentence is knowledge of the exact hour when one is to die. A great luxury, but one that is well earned.”
—Vladimir Nabokov (1899–1977)